📝 Oil and the Split In the Third World Economy

Q1. In which year did Colonel Gaddafi take power in Libya?

💡 Difficulty: easy | ✅ Correct: A

Q2. What was the primary motive behind OPEC's decision to raise oil prices in 1973?

💡 Difficulty: medium | ✅ Correct: B

Q3. What role did Libya’s use of oil revenues for welfare and development play in its economic comparison with the poorest members of the European Community?

💡 Difficulty: hard | ✅ Correct: B